For Sale
$8,200,000

220 137Th AveMiami, FL 33182

Industrial Warehouse, Miami, FL

Overview

Added:
Dec 11, 2024
Days on market:
114
Exceptional investment opportunity: a 7100 sq ft warehouse in Miami, Florida, listed at $8,200,000. This property boasts IU-1 zoning, permitting industrial and light manufacturing uses, including warehouses and storage facilities. Ideally situated near major highways – the 836 Dolphin Expressway and the Turnpike (less than 1000 feet from the 836) – it offers unparalleled accessibility. Currently equipped with well water and septic, the property benefits from its proximity to a neighboring site already connected to municipal water and sewer, simplifying utility connection upon purchase and development. Importantly, the land is not suitable for vehicle parking or machinery storage. Significant improvements have already been made, including the installation of a dry retention area (.26 acre) for surface water management, meeting Miami-Dade County elevation and flood criteria. Soil remediation has been completed, and permits are in place for the driveway/connection and FPL street post lights. Miami-Dade DERM Institutional and Engineering Controls have been implemented by the owner. This property presents a unique chance to develop a high-value industrial asset in a prime Miami location. 1031 exchange is permitted.

Highlights

  • IU-1 zoning allows for industrial/light manufacturing uses.
  • 71,000 square foot lot suitable for warehouse, light manufacturing, office, auto sales, studio, or club uses.
  • Five-story building permitted.
  • Compliant with Miami-Dade DERM environmental regulations (details available).
  • Includes a 0.26-acre dry retention area for stormwater management.
  • Miami-Dade County elevation approval obtained, meeting flood criteria.

Property Details for 220 137Th Ave

Property type
Warehouses, Industrial properties

Location Insight

City
Miami
County
Miami-Dade
State
Florida
Latitude
25.7699
Longitude
-80.41825
220 137Th Ave, Miami, Florida

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220 137Th Ave
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